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inflation adjusted rates

New Inflation Adjusted Rates for 2022

Internal Revenue Service (IRS) has announced the new inflation-adjusted rates for the calendar year 2022. For Health Savings Accounts (HSAs), the annual contribution amount in 2022 for an individual with self-only coverage under a

checking phone and computer

Difference Between On-Exchange and Off-Exchange?

Buying health insurance has gotten easier over the last few years, but it can still be confusing with all the random health insurance jargon is thrown your way. Once you understand what some of

out of pocket max adjustments 2022

Annual Out-of-Pocket Max Adjustments for 2022

On April 30, 2021, the Department of Health and Human Services (“HHS”) published its Annual Notice of Benefit and Payment Parameters for 2022. This guidance is a final rule that addresses certain provisions of

good news

Employers Encouraged to Provide PTO for Vaccinations

On April 21, 2021, President Biden issued an announcement to encourage all employers to offer paid time off for employees to schedule vaccinations and recover from any side effects. This announcement highlights and reinforces

antitrust tentative settlement notice

BCBS Antitrust Tentative Settlement Notice

BCBS Antitrust Litigation and Tentative Settlement – Impact on Group Health Plans This material was updated on March 22, 2021, to include new information posted on the settlement website. Please refer to the BCBS

insurance deductible

How Do Deductibles Work?

Most health insurance plans have a deductible. Understanding what exactly is a deductible, how it works, and paying it is part of using your health insurance wisely. A deductible is a fixed amount you

protect loved ones life insurance

Protect Your Loved Ones with Life Insurance

Life insurance provides a sum of money to replace lost income after your death. In return, you make periodic payments, called premiums, to fund the policy. Life insurance can give you and your family

avoid post claims underwriting

How to Avoid Post-Claims Underwriting

The problem with post-claims underwriting is how it can result in the rug being ripped from right under a person who believed they had solid coverage. They took steps to get insured, and then,

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